NOT LISTED FOR SALE

489 Mcelroy Rd Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $359,014 - $400,000

3 Beds
3 Baths
2,865 Sq Ft
$132/Sq Ft Est. Value

About This Home

This home is located at 489 Mcelroy Rd, Memphis, TN 38120 and is currently estimated at $379,254, approximately $132 per square foot. 489 Mcelroy Rd is a home located in Shelby County with nearby schools including Richland Elementary School, White Station Middle, and White Station High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2011
Sold by
Yan Jian and Jiao Yan
Bought by
Zhang Weiqiang and Zhang Yanhui
Current Estimated Value
$387,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$10,565
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$368,689

Purchase Details

Closed on
Aug 24, 2004
Sold by
Mobasser Jean Pierre and Mobasser Erica M
Bought by
Yan Jian and Jiao Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 1998
Sold by
Bishop Barry T and Bishop Kelman J
Bought by
Mobasser Jean Pierre and Mobasser Erica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zhang Weiqiang $208,000 Realty Title
Yan Jian $213,000 --
Mobasser Jean Pierre $185,000 --
Mobasser Jean Pierre $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Weiqiang $130,000
Previous Owner Yan Jian $170,400
Previous Owner Mobasser Jean Pierre $185,000
Closed Yan Jian $21,300
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $91,225 $13,375 $77,850
2024 -- $76,600 $13,375 $63,225
2023 $4,666 $76,600 $13,375 $63,225
2022 $4,666 $76,600 $13,375 $63,225
2021 $4,721 $76,600 $13,375 $63,225
2020 $4,257 $58,750 $13,375 $45,375
2019 $4,257 $58,750 $13,375 $45,375
2018 $4,257 $58,750 $13,375 $45,375
2017 $2,415 $58,750 $13,375 $45,375
2016 $2,494 $57,075 $0 $0
2014 $2,494 $57,075 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38120 East Memphis

489 Mcelroy Rd, Memphis, TN

Not Listed for Sale

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